An exciting new chapter in the history of Stamford also marks a new move for William Pitt Sothebys International Realty with the opening of the firms state-of-the-art, 5,700-square-foot brokerage office at Harbor Point, a dynamic 80-acre mixed-use community forging the rebirth of the citys historic South End waterfront.Our new Harbor Point office puts us at the forefront of the future in the real estate industry, in technology, and in the city of Stamford, said Paul Breunich, President and CEO … [Read more...]
William Pitt Sothebys International Realty Enhances Its Position With New Office
Clopton Capital Announces New Conduit Lending Program for Commercial Mortgages
Clopton Capital is a provider of commercial mortgage services and is located in Chicago, IL. They primarily focus on commercial mortgages, SBA loans and niche financing mechanisms such as gas station loans and commercial bridge loans. The founder of Clopton Capital is Jake Clopton and this press release is part of Clopton Capital's consistent effort to remain involved with the public, namely their future clients. Clopton Capital can be contacted at CloptonCapital.com. Clopton Capital has … [Read more...]
MRI Software Provides End-to-End Solution for Colliers International
Colliers International in the Baltimore region, a full-service commercial real estate brokerage and management company, has signed a multi-year contract with MRI Software for their real estate management needs. MRI is a leading developer of innovative real estate management software solutions for the global real estate industry. Colliers International works with its clients to create wealth by managing properties, leasing space, and offering expert advice on investment purchases and … [Read more...]
Interest Rates Lowered by Joseph JT Tommasso
Eastern Capital, found on the web at Eastern-Cap.com, has announced that it feels we have not hit the bottom of the commercial real estate market and will do everything in its power to help the market recover.Our goal is not to leave the market and enter again when it is safe. As many passive investors have, we have to stay in and help those who allow us to help them. The board has decided to extend all terms and lower the interest rates across the board. While these rates are attractive, … [Read more...]
Royston Group Sells Home Depot in Chicago MSA for $12 million
The Royston Group has completed the sale of a single tenant net lease retail building. The 111,400 square foot building, located in an upscale suburb of Chicago, sold for $ 12 million. Built in 1994 and sitting on 9.25 acres, the site was leased on an absolute triple net basis to home improvement giant Home Depot.The initial lease term was 25 years. Greg Cortese represented both the buyer and the seller in the transaction. The buyer being a private investor while the seller is a real estate … [Read more...]
LANDFLIP Launches Specialized Website LOTFLIP.com
LANDFLIP.com, an exclusive land real estate marketing platform, is proud to announce the launch of LOTFLIP.com. This new lot-specific website, currently in beta, will showcase lots for sale fewer than 20 acres in size and complement LANDFLIP.com, which has experienced rapid growth in recent years due to quality content, far-reaching exposure and user-friendly interface. Approximately 38% of the land for sale on LANDFLIP is less than 20 acres. LOTFLIP will provide buyers and sellers with an … [Read more...]
Commercial Real Estate: The Feds New Twist
After a robust spring gave lenders and borrowers alike fresh hope for an economic recovery, activity in the commercial real estate market has leveled out, and Aprils optimism has faded into Septembers anxiety about a double-dip recession. According to The Feds New Twist, the latest podcast produced by John B. Levy & Company (available online at http://www.jblevyco.com), while financial policy coming out of Washington, DC, aims to influence, even spark economic activity, the Feds new strategy … [Read more...]
Joint Venture to Capitalize on Commercial Real Estate Opportunities
Cole Real Estate Investments (Cole), one of the nations leading investors in high-quality, income-producing retail, office and industrial real estate, announced the formation of a joint venture with RED Development to focus on future acquisition opportunities, recapitalizations and note purchases in the retail real estate sector. The announcement was made by Thomas W. Roberts, executive vice president and head of real estate investments at Cole, and Mike Ebert, managing partner at RED. The … [Read more...]
